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Dubai's booming real estate sector expects further growth next year, with projected growth of 46%, recent research has shown. According to Realistic, real estate prices in Dubai have increased by 20-40% over the past 12 months. In some areas, there was an even greater rise. For example, Palm Jumeirah grew by 59%, and Trade Center First -...
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Dubai's real estate market will continue its upward trajectory in 2023 as property prices and annual rents are expected to continue to rise amid growing demand and interest from wealthy individuals (HNWI) and foreign investors, according to Zoom Property Insights. According to the latest data from Zoom Property Insights, real estate prices...
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According to data provided by the Dubai Land Department (DLD), 505 purchase and sale transactions worth 1.56 billion dirhams were made in the Dubai real estate market on Monday, as well as 98 mortgage transactions totaling 288.26 million dirhams and 19 gift transactions totaling 330.1 million dirhams. The sales included 45 land plots worth...
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According to data provided by the Dubai Land Department (DLD), on Thursday, March 12, 2023, 516 purchase and sale transactions worth 1.73 billion dirhams were concluded in the Dubai real estate market, as well as 71 mortgage agreements totaling 596.74 million dirhams and 26 gift transactions totaling 503.85 million dirhams. The sales...
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Dubai took 1st place in the region and 5th place in the ranking of the best cities in the world for 2023, compiled by the world's leading consultant in the field of tourism, real estate and economic development. The Resonance consulting company ranks cities around the world — cities with a population of one million or more — by combining...
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Qidfa Development, the first Emirates Villages project aimed at developing a sustainable community model, was launched in Fujairah by Sheikh Tayab bin Mohammed bin Zayed Al Nahyan, a member of the Abu Dhabi Executive Council and Chairman of the Emirates Council. Sheikh Teyab noted that the Emirates Villages initiative intends to create a...
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According to data published by the Dubai Land Department, in the week ending January 6, 2023, 2,173 real estate transactions totaling more than 10 billion UAE dirhams were made. For 4.89 billion dirhams of the UAE, 1,903 apartments and villas were sold, as well as 270 land plots for a total amount of 2.25 billion dirhams of the UAE...
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The developer announced the launch of Sustainable City on Yas Island, a community focused on sustainable development using solar panels, bio-houses and battery-powered cars. The family-friendly complex is surrounded by wide green spaces, leisurely paths and public agricultural plots. This is a walking community. The project includes...
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ASAS Real Estate, the real estate division of the Islamic Bank of Sharjah, announced on Tuesday, December 27, 2022, that sales of the Khorfakkan Resort project will begin on Monday, January 9, 2023. Buyers can choose to pay the developer directly over a five-year period for a property worth from 560,000 dirhams or use financing options...
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According to data provided by the Dubai Land Department (DLD), 500 properties worth 1.42 billion dirhams were sold in the Dubai real estate market on Tuesday, as well as 68 mortgage transactions totaling 219.2 million dirhams and 16 gift transactions totaling 140.24 million dirhams. Mortgage loans included 46 villas and apartments worth 66...
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